What Type of Tax Treatment Would an S Corporation Provide

What type of tax treatment would an S corporation provide in regard to losses?

A) Shareholders may deduct corporate losses from their personal income.
B) Losses may only be deducted from the S corporation's taxes, not the shareholders' personal income.
C) Losses may only be deducted from shareholders' personal income when the S corporation has shown a profit for at least two years.
D) Losses may only be deducted from shareholders' personal income when the S corporation has shown a profit for at least three straight years.
E) Losses may only be deducted from shareholders' personal income when the shareholder's gains from other endeavors exceed losses from the S corporation.